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What is the maximum percentage increase over the full retirement age benefit if you retire at 72 years old? Group of answer choices 30% 8%

What is the maximum percentage increase over the full retirement age benefit if you retire at 72 years old?

Group of answer choices

30%

8%

40%

24%

Delayed Retirement Beyond Full Retirement Age

Add'l 8% per year (.67% per month) up to 70 [Max (70-67)*8%=24% more]

Even if delay retirement beyond 70.

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